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NoviConnect provides a subscription-based platform for brands, retailers, and chemical manufacturers to develop and market sustainable products. It aggregates more than 100 sustainability standards into a searchable database with analytical tools that let users search ingredients, verify compliance, and streamline product development. The platform helps clients make informed formulation decisions and ensure their products meet environmental and regulatory requirements, ultimately supporting transparency and marketability. The company differentiates itself by offering broad standard coverage, a centralized database, and actionable analytics for a diverse client base—from consumer goods brands to chemical manufacturers—rather than relying on fragmented tools. Its goal is to help customers create environmentally friendly products, stay compliant with evolving rules, and improve sales through transparent sustainability claims.
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Early VC
Total Funding
$51.4M
Headquarters
San Francisco, California
Founded
2017
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Total Funding
$51.4M
Above
Industry Average
Funded Over
3 Rounds
Novi, a platform helping brands optimise product data for AI shopping assistants, has filed a provisional patent application with the US Patent and Trademark Office. The filing covers a proprietary methodology that extracts and maps how large language models select and rank products within a category. The patent-pending system underpins Novi's AI Intelligence product, which is based on the insight that large language models organise meaning around semantic neighbourhoods—clusters of related concepts capturing various consumer phrasings. The methodology reveals how LLMs research and select products, enabling brands to influence when their products appear regardless of prompt wording. Founded in 2020 and backed by Tiger Global, Defy and Greylock, Novi serves as a bridge between brands, certification organisations and major retailers including Target, Ulta and Sephora.
Novi announced its new Novi AI Shopping Optimizer, designed to increase product sales by helping brands and retailers surface products backed by the verified, trustworthy information that AI shopping assistants prioritize.
NIQ's Label Insight data will now be integrated into Novi's platform, enriching Novi's existing ingredient-level and product attribute data sets.
In February of 2022, Novi announced $40M in new funding from Tiger Global, Greylock, and Defy.
Novi Connect, a business-to-business (B2B) marketplace for sustainable, innovative ingredients and packaging, raised $40 million in a funding round led by Tiger Global.
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Early VC
Total Funding
$51.4M
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today